Athol, Franklin County, Massachusetts Property Taxes
Median Athol, MA effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Athol, MA home value: $425,300
Median annual Athol, MA tax bill: $7,638, $5,238 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Athol, MA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Athol’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Athol, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Athol, Franklin County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$7,655
$7,104
Property Tax Rates Across Athol, Franklin County, Massachusetts
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Athol’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.
In Athol, located in Franklin County, the property tax rate is significantly higher than the national median. This means residents might face higher property tax bills compared to other regions across the country. However, it's essential to consider the services and benefits that these taxes fund, which can include schools, public safety, and infrastructure. Understanding how these rates are determined can help property owners make informed decisions about their investments and financial planning. By comparing Athol’s tax rate to both state and national medians, residents can gain a clearer perspective on their property tax obligations and how they align with broader trends.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Athol Tax Rate
1.80%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Franklin County Tax Rate
1.69%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Athol, Franklin County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Athol, Franklin County, Massachusetts
When examining property taxes in Athol, MA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Franklin County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Athol. For example, the median home price in Athol is $425,300, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Athol, Franklin County, Massachusetts
Source: Ownwell
$102,700
$254,150
$405,600
Median Athol Market Value
$425,300
Median Franklin County Market Value
$252,600
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Athol, Franklin County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Athol, Franklin County, Massachusetts
Property tax bills in Athol, Franklin County, Massachusetts, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor's office and reflects the market value of the property. Massachusetts has a relatively high property tax rate compared to the national median of 1.02%. In Athol, the median property tax bill is significantly higher than the national median of $2,400, with the 25th, 75th, and 90th percentiles all at $7,638, indicating a consistent tax burden across different property values.
High property tax bills can significantly impact homeowners, affecting their overall financial health and home affordability. This is where Ownwell comes into play. By providing expert property tax appeal and exemption services, Ownwell helps homeowners in Athol potentially reduce their tax bills. Our team of experienced professionals analyzes your property’s assessed value, identifies discrepancies, and assists in filing appeals. This can lead to substantial savings, ensuring that homeowners pay only their fair share in property taxes.
Median Athol Tax Bill
$7,638
Median Franklin County Tax Bill
$4,270
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Athol, Franklin County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01331 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell